Annual Meeting Results and Warrant Update
03 Giugno 2012 - 9:26AM
PR Newswire (Canada)
TSX:TML TORONTO, June 5, 2012 /CNW/ - Treasury Metals Incorporated
("Treasury Metals" or the "Company") is pleased to announce the
re-election of the Board of Directors at its Annual and Special
Meeting of Shareholders (the "Meeting") held on May 30, 2012.
At the Meeting, shareholders approved a Board of six Directors, the
re-appointment of Collins Barrow LLP as auditors and the renewal of
the amended and restated stock option plan. Meeting results will be
made available on Sedar (www.sedar.com). Shareholders approved the
re-appointment of Marc Henderson (Chairman), Martin Walter
(President and CEO), Douglas Bache, Harry Burgess, William Fisher
and Blaise Yerly as Directors of the Company. Directors were
approved on an individual basis. Peter Walker retired from the
Board of Directors and therefore did not stand for re-election at
the Meeting. Mr. Walker, formerly Chairman, President and CEO of
Corona Gold Corp. (former operator of the Goliath Gold Project),
has been involved with Treasury Metals since February 2008 as a
Director. The Company thanks Mr. Walker for his contributions and
dedicated years of service. A copy of the corporate presentation
made at the Meeting dated June 2012 has been made available on the
Company's website. In addition, as of June 2, 2012, the Company's
December 2010 warrants with an exercise price of $0.70 and $1.00
(flow-through units) have expired. Proceeds received from these
warrant exercises, since the March 31, 2012 interim financial
statements were reported, totaled $386,063. As a result of the
warrant expiry, the Company now has no outstanding warrants and
there are 53.6 million issued and outstanding common shares. In
addition to these funds, the Company received payment totaling
$237,917 for the three-month period ending March 31, 2012 in
royalty income from the Cerro Colorado gold mine located in Mexico.
The Company will continue to receive similar payments paid on a
monthly basis for the life of the mine. The Cerro Colorado gold
mine is operated by GoldGroup Mining Inc. and has been in operation
for approximately eight years. Forward-looking Statements This
release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address events or
developments that management of the Company expect, are
forward-looking statements. Actual results or developments may
differ materially from those in forward-looking statements.
Treasury Metals disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be
required by applicable securities laws. Treasury Metals Inc.
CONTACT: To learn more about Treasury Metals, please visit the
Company'swebsiteat www.treasurymetals.com.Greg FerronVice President
Corporate DevelopmentT: 1.416.214.4654greg@treasurymetals.comMartin
WalterPresident and CEOT: 1.416.214.4654martin@treasurymetals.com
Copyright
Grafico Azioni Treasury Metals (TSX:TML)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Treasury Metals (TSX:TML)
Storico
Da Lug 2023 a Lug 2024